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193 Galway complaints to financial services and pensions ombudsman last year

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193 Galway complaints to financial services and pensions ombudsman last year

Galway Bay fm newsroom - The Financial Services and Pensions Ombudsman received almost 200 complaints from consumers in Galway last year.

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A newly published report outlines the number and nature of complaints across the country throughout 2021.

Overall, the office received 4,658 complaints nationwide - of which 193 came from Galway.

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The report reveals some key statistics in terms of what people complained about and why.

Banking complaints represented 57 percent of all complaints received across the country - with customer service being the most complained about conduct.

Complaints concerning mortgages accounted for 23 percent of complaints, including 250 new tracker mortgage complaints.

A further 27 percent related to insurance products - with complaints most commonly made about claim handling or rejection of a claim.

8 percent of complaints concerned investment products, and 4 percent related to pension schemes.

In addition to 600 COVID-19 related complaints made to the office in 2020, the virus was introduced as an element in a further 275 new complaints last year.

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